Okay Okorafor
Stouffville
Summary
Financial executive and business consultant with more than 20 years of expertise in corporate finance, financial operations, financial management, accounting, reporting, and compliance.
Overview
21
21
years of professional experience
Work History
Chief Financial Officer
Nairagram Nigeria
06.2023 - Current
- Managed KPIs and conducted data analysis using statistical modeling techniques to deliver valuable insights, enabling informed decision-making
- Spearheaded financial performance analysis and strategic planning processes, resulting in 15% increase in company profitability
- Implemented cost-saving initiatives that reduced expenses by 20%, leading to improved overall financial efficiency
- Directed financial forecasting and budgeting activities, ensuring alignment with company goals and objectives
- Led cross-functional teams in successful implementation of new ERP system, enhancing financial reporting accuracy and timeliness.
Managing Partner
Starke Finanz Consulting Limited
01.2023 - Current
- Overseeing day-to-day operations and ensuring exceptional client service delivery
- Developed and implemented strategic business plans to drive revenue growth and expand market share
- Directed financial planning and budgeting activities, resulting in improved profitability and cost efficiencies
- Maintaining positive client relationships and driving new acquisitions.
Chief Financial Office
Patricia Technologies Ltd
03.2021 - 12.2022
- Manage company's financial planning and perform risk management duties
- Analyse and manage organisation's liabilities and investments
- Plan, implement and manage investment strategies
- Manage fundraising plans and capital structure
- Manage a team of 14 staff as well as the department's KPIs
- Track and ensure cash flow is appropriate and sustainable
- Prepare and present financial & management reports
- Implement and manage company's Financial Control policies.
Senior Finance Consultant
The Candel Group
07.2020 - 02.2021
- FP&A to manage multiple debt restructuring to materially improve cashflow.
Strategy Finance Manager
Medsaf
03.2019 - 11.2019
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Developed comprehensive financial reports for executive decision-making support.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Developed strategic plans for day-to-day financial operations.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
Finance Manager
The Candel Group
08.2015 - 02.2019
- Implemented data-driven strategies to optimize business processes for Demand and Supply Planning Operations; and Business Operations
- Developed Dashboards, including database analysis and insights, query development, KPIs management, and performed root cause analysis resulting in significant business impact
- Collaborated with cross-functional teams to identify business requirements and translated them into actionable insights and reports
- Maintained multiple business intelligence tools and databases
- Spearheaded monthly demand planning and forecasting initiatives, efficiently supervising order and shipment logistics, and coordinating export and import requirements
- Instituted central treasury program to maximize cashflow ensuring proper entity liquidity and developed multi-company operating budgets.
Senior Finance Consultant
Banyantree-Africa
10.2013 - 08.2015
- Conducted comprehensive data analysis to identify key business trends, resulting in development of strategic recommendations that improved operational efficiency by 20%
- Collaborated with clients to gather and document business requirements, ensuring successful implementation of new software systems and processes
- Developed and managed project plans, ensuring timely delivery of milestones and adherence to budget constraints, resulting in 93% project success rate.
- Enhanced financial forecasting accuracy by implementing advanced data analytics tools and techniques.
Operations Associate
Kaizen Venture Partners
10.2012 - 08.2013
- Maintained and managed company's financial records, prepared and oversaw monthly budgets, and conducted profit and loss analysis
- Developed professional financial models, and reviewed all financial information to ensure accuracy of all data
- Completed weekly reports, communicated with clients and business partners, and was responsible for multiple financial functions.
Branch Operations Manager
Zenith Bank Plc
02.2003 - 09.2009
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Complied with established internal controls and policies.
- Managed daily branch operations for optimal productivity and customer satisfaction.
Education
Master of Science - Accounting And Finance
The University of Edinburgh Business School
Edinburgh, Scotland11.2010
Bachelor of Science - Accountancy
University of Nigeria,Nsukka
Enugu,Nigeria06.2000
Skills
- Financial Reporting
- Financial Modeling
- Budget Management
- Quantitative Analysis
- Treasury Management
- Strategic financial planning
- Capital Raising Abilities
- Financial Process Improvement
- Risk Management Proficiency
- Financial Technology Adoption
- ERP System Implementation
- Consulting
- Accounting Principles
- Fiscal Management
Accomplishments
- Created a systematic risk management system around crypto trading.
- Implemented NetSuite ERP and cut closing time from 15 to 5 working days.
- Secured ₦2 billion ($7 million) debt capital via Bank of Industry (2018)
- Established new factory production tracking and the management reporting system that improved availability, reliability, and accuracy of production data by 32%.
- MD's Award -Best Operational Efficient FT Staff 2006.
- Distinction (Dissertation), M.Sc. Accounting & Finance, 2010.
Skills
Data Management
- Excel
- Power BI
- Data Analytics
ERP
- NetSuite
- Xero
- QuickBooks
- Sage
- Navision
- Dynamics 365 Business Central
SOFT SKILLS
• Leadership
• Written and spoken communication
• Interpersonal skills
• Collaboration
• Detail oriented
• Time management
• Critical thinking
• Problem-solving
• Adaptability
Languages
English
Native or Bilingual
Timeline
Chief Financial Officer
Nairagram Nigeria
06.2023 - Current
Managing Partner
Starke Finanz Consulting Limited
01.2023 - Current
Chief Financial Office
Patricia Technologies Ltd
03.2021 - 12.2022
Senior Finance Consultant
The Candel Group
07.2020 - 02.2021
Strategy Finance Manager
Medsaf
03.2019 - 11.2019
Finance Manager
The Candel Group
08.2015 - 02.2019
Senior Finance Consultant
Banyantree-Africa
10.2013 - 08.2015
Operations Associate
Kaizen Venture Partners
10.2012 - 08.2013
Branch Operations Manager
Zenith Bank Plc
02.2003 - 09.2009
Master of Science - Accounting And Finance
The University of Edinburgh Business School
Bachelor of Science - Accountancy
University of Nigeria,Nsukka
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